this post was submitted on 18 Aug 2025
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[–] streetfestival@lemmy.ca 53 points 3 months ago (11 children)

In a move that I didn't see get any mainstream press coverage, although I learned about it through the Fediverse, the highly influential extension of the federal government, the CMHC (Canada Mortgage and Housing Corporation), quietly redefined affordable housing this year from at most 30% of gross income to 40-45% of gross income (and plausibly 50% by 2035). "Affordable housing" is one step below "market [price based] housing", so spending 50% of earnings on rent seems like the policy's working as intended. Society's @#$%ed

Sources

[–] avidamoeba@lemmy.ca 22 points 3 months ago* (last edited 3 months ago) (2 children)

From the CMHC link:

The "housing continuum," now with benches in parks. Sadly they missed the sleep-prevention middle bar most park benches have these days.

[–] slykethephoxenix@lemmy.ca 10 points 3 months ago (1 children)

I just love how there's no home ownership in there. It's renting all the way down.

[–] villasv@lemmy.ca 3 points 3 months ago* (last edited 3 months ago)

But it’s not what the scale is made for. Where would you even put it? Homeowners can buy market housing or other types of housing, including affordable housing and community housing

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